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Announced

SouthState to acquire Independent Bank Group for $2bn.

Synopsis

SouthState, a financial services company headquartered in Winter Haven, Florida, agreed to acquire Independent Bank Group, a bank holding company headquartered in McKinney, Texas, for $2bn. "I have known and respected David for several years, and I look forward to welcoming the Independent Bank Group team to our company and working together to capitalize on the great opportunities ahead of us," John C. Corbett, SouthState CEO.

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